Tear Down this Wall : On the Persistence of Borders in Trade
Abstract
Why do borders still matter for economic activity? The reunification of Germany in 1990 provides a unique natural experiment for examining the effect of political borders on trade both in the cross-section and over time. With the fall of the Berlin Wall and the rapid formation of a political and economic union, strong and strictly enforced administrative barriers to trade between East Germany and West Germany were eliminated completely within a very short period of time. The evolution of intra-German trade flows after reunification then provides new insights for both the globalization and border effects literatures. Our estimation results show a remarkable persistence in intra-German trade patterns along the former East-West border ; political integration is not rapidly followed by economic integration. Instead, we estimate that it takes at least one generation (between 33 and 40 years or more) to remove the impact of political borders on trade. This finding strongly suggests that border effects are neither statistical artefacts nor mainly driven by administrative or “red tape” barriers to trade, but arise from economic fundamentals.Download Info
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Paper provided by University of Warwick, Department of Economics in its series The Warwick Economics Research Paper Series (TWERPS) with number 919.Length:
Date of creation: 2009
Date of revision:
Handle: RePEc:wrk:warwec:919
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Keywords: integration ; home bias ; globalization JEL Codes: F14 ; F15;Other versions of this item:
- Volker Nitsch & Nikolaus Wolf, 2009. "Tear Down this Wall: On the Persistence of Borders in Trade," CESifo Working Paper Series 2847, CESifo Group Munich.
- Nitsch, Volker & Wolf, Nikolaus, 2009. "Tear Down this Wall: On the Persistence of Borders in Trade," CEPR Discussion Papers 7545, C.E.P.R. Discussion Papers.
- F14 - International Economics - - Trade - - - Empirical Studies of Trade
- F15 - International Economics - - Trade - - - Economic Integration
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-11-07 (All new papers)
- NEP-HIS-2009-11-07 (Business, Economic & Financial History)
- NEP-INT-2009-11-07 (International Trade)
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Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Heinemeyer, Hans Christian & Schulze, Max Stephan & Wolf, Nikolaus, 2008. "Endogenous Borders? Exploring a Natural Experiment on Border Effects," CEPR Discussion Papers 6909, C.E.P.R. Discussion Papers.
- Nikolaus Wolf, 2008.
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CESifo Working Paper Series
2424, CESifo Group Munich.
- Wolf, Nikolaus, 2009. "Was Germany Ever United? Evidence from Intra- and International Trade, 1885–1933," The Journal of Economic History, Cambridge University Press, vol. 69(03), pages 846-881, September.
- Nikolaus Wolf, 2008. "Was Germany Ever United? Evidence from Intra- and International Trade 1885-1933," CEP Discussion Papers dp0870, Centre for Economic Performance, LSE.
- Wolf, Nikolaus, 2008. "Was Germany Ever United? Evidence from Intra- and International Trade, 1885 -1933," CEPR Discussion Papers 6796, C.E.P.R. Discussion Papers.
- Wolf, Nikolaus, 2008. "Was Germany ever united? Evidence from Intra- and International Trade 1885 – 1933," The Warwick Economics Research Paper Series (TWERPS) 871, University of Warwick, Department of Economics.
- Gabriel Felbermayr & Jasmin Gröschl, 2011. "Within US Trade and the Long Shadow of the American Secession," Ifo Working Paper Series Ifo Working Paper No. 117, Ifo Institute for Economic Research at the University of Munich.
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1108, Department of Applied Economics II, Universidad de Valencia.
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- Carlos Llano & Asier Minondo & Francisco Requena, 2010. "Is the Border Effect an Artefact of Geographic Aggregation?," Working Paper Series 1210, Department of Economics, University of Sussex.
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